China retaliates with tariff that matches Trump’s

is a news editor with over a decade’s experience in journalism. He previously worked at Android Police and Tech Advisor. China has responded to Donald Trump’s new trade tariffs with its own charges on US goods. After Trump announced the imposition of an additional 34 percent charge on Chinese imports into the US, China has announced a levy at the same rate for US goods shipped to China. It has also barred 11 US companies from trading in the country, applied new restrictions to rare earth mineral exports, filed a lawsuit with the World Trade Organization (WTO), and started investigations into imports of American medical equipment. In a statement announcing the new tariff, China’s finance ministry declared that the US tariff on Chinese goods “seriously undermines China’s legitimate rights and interests,” and called it a “typical unilateral bullying practice.” Trump announced his latest levy on Chinese imports as part of new tariff rates that affect every country the US trades with, i ... Read full article.